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American Express Buys Back Treasury Warrants

Jul. 30, 2009
With a $340 million check, company is able to escape government bailout program.
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Bailout may be costliest U.S. program

WASHINGTON, July 20 (UPI) -- The bank bailout program, in a worst-case scenario, may cost more than the U.S. government ever spent on a single effort, an inspector general said Monday.
GE is quiet bailout recipient

GE is quiet bailout recipient

WASHINGTON, June 29 (UPI) -- The U.S. Treasury Department is considering closing loopholes that allowed General Electric to participate in a government bailout program, a spokesman said.
Nearly 20 bailout investigations under way

Nearly 20 bailout investigations under way

WASHINGTON, April 21 (UPI) -- A government watchdog has undertaken nearly 20 criminal investigations related to the $700 billion bank bailout program, a congressional report said.

Treasury expecting bailout paybacks soon

WASHINGTON, April 16 (UPI) -- U.S. Treasury Department officials said they expect a minimum of $25 billion in bailout funds could soon be returned from financial firms.

GAO: Bailout program needs more oversight

WASHINGTON, Dec. 2 (UPI) -- The federal government's $700 billion bailout program for the U.S. financial industry lacks sufficient oversight, congressional investigators said.

Banks lining up for bailout money

WASHINGTON, Nov. 4 (UPI) -- After a slow start, U.S. banks are starting to line up for a share of the $700 billion bailout program approved by Congress, Treasury officials say.

Swedbank to accept bailout funds

STOCKHOLM, Sweden, Nov. 4 (UPI) -- Swedbank in Stockholm, Sweden, said it would participate in the government's bailout program and also said it would prefer some company.

Merkel urges banks to accept bailout help

BERLIN, Nov. 1 (UPI) -- German Chancellor Angela Merkel said banks should take advantage of a $637 billion government bailout plan few have availed themselves of so far.
Bailed out firms are doling out dividends

Bailed out firms are doling out dividends

WASHINGTON, Oct. 30 (UPI) -- A large share of the U.S. federal bailout funds allocated to banks will end up in the hands of the banks' shareholders, much to Sen. Charles Schumer's dismay.

Treasury to announce new round of funding

WASHINGTON, Oct. 24 (UPI) -- The U.S. Treasury, pushing to show progress in the federal bailout plan, is poised to announce a round of investments in regional banks, sources said.
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa